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WNN - The nuclear power industry must continue to work hard to increase its share of the global energy mix, Kirill Komarov told delegates at the IFNEC-NICE Future conference last week. The theme of the conference, held in Tokyo on 12-14 November, was 'Challenges and Opportunities Facing Nuclear Energy in an Energy Transitions Context: Innovation and Actions to Advance Clean Nuclear Energy'.

Decarbonisation has been universally recognised as a basic element of future energy systems. Nuclear power, known…

IEA - At the moment, Russia is sending record volumes to Europe while LNG utilisation rates remain relatively low. Limits to European production capacity and import infrastructure (with over half of pipelines operating at monthly peaks above 80%) may contribute to market tightness over the coming years, particularly if Asia continues to absorb the ramp up in global LNG liquefaction capacity.

The South Korean government Tuesday gave its final approval to lower taxes on LNG used for power production by 75%, and raise those on thermal coal by 28% from April 1, in a move likely to boost downstream gas consumption.